Sunday, December 14, 2014

Free Blogs for Stocks Under 10

The twitter stock phenomena continues to crank out more pay sites each day as new traders search for ideas and strategies to make money. However, there are still a few free blogs where small cap traders can review charts on a daily basis by three good technical traders.

Stocks Under Ten    http://www.tradeunderten.com/

AC Investor Blog    http://ac-investor.blogspot.com/

VEX Trades            http://vextrades.blogspot.com/


Your path to profitability and idea generation can be enhanced by following experienced traders who put hours of dd in trying to find profitable charts. But in the end, the profitable traders tend to find their own ideas and ignore what the herd is doing.  Trading is probably one of the hardest professions to make bank consistently. However, by following a few tips your results will improve TIPS .


Friday, November 21, 2014

StockTalk Live Chat

StockTalk had a very busy and productive week. User list hit an all time high and we now have 8 moderators providing insight and idea flow. If you would like to join the entrance link is: http://www.chatzy.com/bmanalerts .


Tuesday, November 18, 2014

Finding ideas through one easy scan.

Trading is all about finding chart patterns with a positive risk/reward profile. To do this you must be able to efficiently scan and identify charts that meet that criteria. I use a simple scan on Finviz which sorts the percentage gainers and lists them in order highest to lowest. I have a visual 100 charts per page that I can review in less than 20 seconds to see which charts present the best ideas for the day. I like to use the 5 day 15 minute chart because support and resistance zones are easily identified. This scan can be applied to stocks under 10 but can be adjusted if you trade higher priced issues.Two ideas which I recently profiled AMRN @1.00 and ANV @1.20 where found using this technique. If you would like to try FINVIZ here is the link Finviz Scanner and charts . If you already are a paying Elite user here is the scan I use to find my ideas 10 and under. Scanner Link Yes this is a pay program but you have to invest money to make money. In my next article i will discuss how to read the 5 day chart and what to look for while trading.


Monday, November 17, 2014

EquityFeed PR Wire and Scanner

Traders wishing to experience the wire I use to find ideas can sign up here for the 14 day trial:

CLICK FOR TRIAL

First pic is where I position the Pr Wire above my watch list and high/low scanners on my main monitor.












Saturday, November 15, 2014

Trading View

Your seeing two of my six screens that I use to spot ideas in real time. Join StockTalk and receive my go to scanner for identifying small caps ideas. http://bmanmicrocaps.blogspot.com/2014/11/generate-your-own-trading-ideas-for.html


Sunday, November 9, 2014

Generate your own trading ideas for StockTalk members

Sign up for StockTalk http://www.chatzy.com/bmanalerts to receive my free tutorial along with platform screenshots on how I find trading ideas throughout the day. Reason I'm doing this is to help traders develop idea generating skills to add content to our chat room. Please sign in to StockTalk everyday  because I randomly will pull the email database from a day later this month for distribution. If your not in the room you will not receive this information that will change the way you trade. I have navigated and traded the small cap market for over 20 years. Making six figures a year is possible if you know how to find ideas.

Thursday, November 6, 2014

StockTalk letter

I joined your room on day 1 and have learned so much. I went from losing quite a bit of money to currently being profitable 17 of the last 20 days. That happened after I took a step back and decided how I wanted to trade. Momo trading made me too nervous. I'd sell too quickly and bag hold losers. When someone like xxxxxx would sell his 200k worth I'd be too late; even if I scaled. That left me taking a loss or breaking even on a slightly profitable trade. So I took a page from your playbook and started looking for entries that left me in a position I felt confident in. If they don't work I'm out and onto the next. In doing so, I have become so familiar with a couple of stocks that I feel at ease scalping them most every day. This works for me. Anyways, I hope this reinforces the good you are doing. I lost a few thousand in the beginning (I call it tuition money), only to feel like it was my second best investment- after getting guidance from you, momotrader, AC, and Sandman. Thank you.
-Tom


http://www.chatzy.com/bmanalerts 

Tuesday, November 4, 2014

Saturday, August 2, 2014

New trader question??

If you have been trading less than 3 years please tell everyone how you are doing and what services you use or have used. I'm sure everyone can gain insight on what others traders find helpful and what doesn't work. Just leave comment and I look forward to reading the comments with everyone. Click on comments and leave your feedback. Every person that responds to this blog post will receive my favorite scan for trading small caps. Send me your email with the comments you left.

 bmanmicrocaps@gmail.com

Monday, May 26, 2014

Members Talk


Brian....I can't say enough great things about the Screen Share Room. It is very interactive and a great way to learn. Bman is a great teacher and mentor. He is an honest, down to earth individual, and I appreciate all of his time, energy, and effort in sharing

John...Great vision, logic and uncanny ability to identify the significant few from the insignificant many.... 


Chris...The wealth of knowledge that is being handed down to the lucky attendees is unsurpassed by any chat room.

Lisa....
I have been in your screen share room the past 2 days and wanted to tell you how much I love your teaching and commentary. I have learned more in the past 2 days than I have in a year!

Marco.... excellent fast alerts off the scanner. great tape reading

Ro... Concise, to the point, and able to explain whats going on. Love your vision and thanks for your effort. And yes, I agree. No chasing as it magnifies the odds of blowing your acct up.

Ryan... One of the best chatrooms I have ever been in. There is an immense amount of teaching on a daily basis. I hope to continue learning from Bman for 20 years.

Sunday, April 13, 2014

Stock Market Corrections Historical Data

* Since the end of World War II (1945), there have been 27 corrections of 10% or more, versus only 12 full-blown bear markets (with losses of 20% +).

* This equates to one correction roughly every 20 months, according to Dow Jones index maven John Prestbo, who points out that this average does not mean they’re evenly spaced out. 25% of these corrections over the last 66 years occurred during the 1970′s (the Golden Age of Market Timers), another 20% occurred during the secular bear market of 2000-2010.

* The average decline during these 27 episodes has been 13.3% and they’ve taken an average of 71 days to play out (just over three months).

* From the beginning of the last secular bull market in 1982 through the 1987 crash, there was just one correction of 10% or more. Between the Crash of 1987 and the secular bull market’s peak in March 2000, there were just two corrections, according to Ed Yardeni. This means that secular bull markets can run for a long time without a lot of drama.

* Since the stock market’s bottom in March of 2009, there have been only 3 corrections: In the spring of 2010 the S&P 500 began a 69-day drop of roughly 16%. The widely referenced summer correction of 2011 lasted for about 154 days and almost became a bear market. The correction during the spring of 2012 set up one of the greatest rallies of all time, although it was barely a real correction, sporting a peak-to-trough drop of just 9.9% in just under 60 days.

* The most recent correction took place in 2011, between the end of April into the end of September. The Dow dropped roughly 16%. The S&P 500 actually dropped a hair over 20% before snapping back, leading some to believe that this was a bear market – the implication being that the current bull market is just 2 years old and not five years old (dating from March of 2009). I have no strong opinion on that debate.

* Bull market rallies in between corrections – and there have been 58 in the post-war period – tend to run for an average of 221 trading days before being interrupted and gaining an average of 32%. By this standard, we are way overdue for a correction (but in fairness, we have been for awhile).

* As to what we should do during corrections, I’d recommend maintaining a list of high-quality stocks you’ve been kicking yourself for missing out on and clearing the decks of any longs you don’t truly love. For those with time horizons longer than five years (most), the best thing to do is grit one’s teeth and do very little. If a correction of between 10 and 20% is unbearable to you mentally or financially, that means you’ve  either got more money than you should invested in stocks or you’re kind of a fairy. Make the adjustment you can live with and remember this feeling the next time you find yourself chasing the market.

* As to the question of whether a correction could become a bear market (or worse even, a crash), the answer is that this is always possible. But most corrections do not become crashes, and every single one of them turned out to have been great buying opportunities in the fullness of time.


Joshua M Brown